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VESSELS AND EQUIPMENT, NET | 12 Months Ended
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Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
Vessels and equipment, net | VESSELS AND EQUIPMENT, NET The table below summarizes the vessels and equipment, net applicable to the Company:
(in thousands of $) |  | Vessels and equipment |  | Dry-docking |  | Total
Cost |  |  |  |  |  |
At December 31, 2021 |  | 2,467,470 |  |  | 32,500 |  |  | 2,499,970 |
At December 31, 2022 |  | 2,467,470 |  |  | 32,500 |  |  | 2,499,970 |
Additions |  | — |  |  | 20,714 |  |  | 20,714 |
Disposals |  | — |  |  | (10,000) |  |  | (10,000) |
At December 31, 2023 |  | 2,467,470 |  |  | 43,214 |  |  | 2,510,684 |
Accumulated depreciation |  |  |  |  |  |
At December 31, 2021 |  | (143,923) |  |  | (13,882) |  |  | (157,805) |
Charge |  | (65,724) |  |  | (6,495) |  |  | (72,219) |
At December 31, 2022 |  | (209,647) |  |  | (20,377) |  |  | (230,024) |
Charge |  | (65,724) |  |  | (7,635) |  |  | (73,359) |
Disposals |  | — |  |  | 10,000 |  |  | 10,000 |
At December 31, 2023 |  | (275,371) |  |  | (18,012) |  |  | (293,383) |
Net book value |  |  |  |  |  |
At December 31, 2021 |  | 2,323,547 |  |  | 18,618 |  |  | 2,342,165 |
At December 31, 2022 |  | 2,257,823 |  |  | 12,123 |  |  | 2,269,946 |
At December 31, 2023 |  | 2,192,099 |  |  | 25,202 |  |  | 2,217,301 |
In March and April 2023, Flex Enterprise and her sister vessel, Flex Endeavour, respectively, completed their first scheduled drydock in Singapore. In June 2023, Flex Ranger and her sister vessel, Flex Rainbow, completed their first scheduled drydock in Denmark and Singapore, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
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